Required information The following information applies to the questions displayed below.) Thrillville has $40.5 million in bonds payable. One of the contractual agreements in the bond is that the debt to equity ratio cannot exceed 2.0. Thrillville's total assets are $80.5 million, and its liabilities other than the bonds payable are $10.5 million. The company is considering some additional financing through leasing. 4-a. Will entering into the lease cause the debt to equity ratio to be in violation of the contractual agreement in the bond? Yes 4-b. Determine your answer by calculating the debt to equity ratio after recording the lease. (Enter your answer in millions. (i.e., $5,000,000 should be entered as 5.5). Round ratio answer to 2 decimal places.) Debt to Equity Ratio + Stockholders' equity Total liabilities 11 on. you have completed 16 Portumn to question in applies to the questions displayed below) on in bonds payable. One of the contractual is that the debt to equity ratio cannot exceed its are $80.5 million, and its liabilities other than 10.5 million. The company is considering some ugh leasing, agreement requiring lease payments with a present he lease. (If no entry is required for a particular Journal Entry Required" in the first account field. Enter 5,500,000 should be entered as 5.5..) Answer is complete and correct. Account Title Lease Asset Lease Payabi Debit Credit 155 15.5 Next > of 17